European Investment Bank Supports French Net-Zero Manufacturing with €380 Million Program
The European Investment Bank (EIB) has approved a €380 million scheme in France aimed at enhancing manufacturing capacity for clean technologies. This initiative is part of the EU's broader strategy to support net-zero technologies and their components, as outlined in the Clean Industrial Deal State Aid Framework. The program will provide direct grants and repayable advances to support the production of critical raw materials necessary for these technologies. The funding is sourced from both central and regional budgets in France, with additional support from structural funds. The scheme is set to run until December 31, 2030, and is designed to align with the EU's state aid rules, promoting sustainable industrial growth. 
